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Markets
Avoid long positions for now
Charts indicating further bearish movement
It’s not a time to hold long positions in stocks
Buy on dips, sell on rallies
Selling in financial, IT stocks take toll on mkts
Nifty forms lower highs and lower lows
Range bound trading likely
Windfall tax cut fuels oil stocks
Charts indicate caution alert
Reversal formation may continue
Drop in wholesale inflation cheers mkts
Avoid long positions as market on downside moves